University of Oregon Releases Contract Details for New Head Coach Dan Lanning
New Oregon Head Coach Dan Lanning was formally introduced by the University on Monday afternoon. Now as he coaches Georgia and helps the Bulldogs prepare for a matchup against Michigan in the College Football Playoff, the details of his contract were released by the University of Oregon.
Lanning will start his coaching tenure at Oregon with a base salary of $4.6 million in his first season.
Year 1: $4,600,000
Year 2: $4,700,000
Year 3: $4,800,000
Year 4: $4,900,000
Year 5: $5,000,000
Year 6: $5,100,000
Contract details laid out in University of Oregon public records.
University of Oregon
If approved the contract would make Lanning the fifth-highest paid head coach in the Pac-12 and rank 27th nationally.
Lanning's contract also includes numerous annual incentives that total $1,525,000 with the most lucrative outlined below.
-College Football Playoff National Championship Game Appearance: $500,000
-College Football Playoff Semi-Final Appearance: $250,000
-College Football Playoff Bowl Appearance (Other than CFP Semi-Final): $150,000
-Any Other Bowl Appearance (must have at least 7 regular season wins): $100,000
Lanning's buyout is slated at $14 million should he leave Oregon on or before the end of his first contract year January 31, 2023. In the following years the buyout decreases to $10 million, $7 million, $3 million, $2 million, and finally $1 million respectively.
You may also like:
Dan Lanning won't rush hiring his staff at Oregon
Join the Community
Follow Max on Twitter: @mtorressports
Subscribe to our free newsletter to get the latest Oregon Ducks news sent to your inbox
